On Sunday 28th August, it was church unusual for the congregation at PCEA Zimmerman. In addition to stretching their spiritual muscles, they were stretching their physical muscles at the Kasarani Safaricom Sports Stadium. It was a day of fun and games as they competed in football, volleyball and netball. The Bank sponsored the event and our staff led by TRM Branch Manager, Joseph Maigwa, presented the winning teams with their trophies.
12th August 2018: Our Diaspora team visited the UK from 4th to 12th August 2018. ABC Bank Head of Diaspora Banking, Joseph Waithaka was accompanied by a team from Username Investments. The team held road shows and meet and greet among other activities in Reading, Oxford and Basingstoke in the United Kingdom. It was an eventful tour and Kenyanscame out in droves to discuss partnerships and investment opportunities back home
ABC Bank sponsored a charity quiz night organized by Consolata Shrine held on 27th July 2018 at the Tav Irish Pub and Eatery. The Quiz Night was aimed at raising funds for their project, Allamano Centre named after the founding father of the Consolata Missionaries, Blessed Joseph Allamano. The funds will be used to expand their multi functional spaces that will serve the community across many generations, e.g meeting rooms, theaters, cafeteria, parking, chapel, accommodation of sisters and church workers among others.
The Bank is committed to contributing towards transformation of the society in which it operates by supporting community events and initiatives that create a positive impact to the and contributes to the well-being of community members.
The greatness of a community is most accurately measured by the compassionate actions of its members. Our ABC Meru team have been out and about making a difference in Meru town Their first stop was at SOS Children’s Home on Wednesday, 18th July where they gave a donation to go toward educating the needy children at the Home. The next stop was at Furaha Centre for Exceptional Children on Thursday 19th July, where they bought branded T-shirts as part of the Corporate sponsorship for the “Walk or Wheel with Me 2018 Walk” to be held on 4th August in Meru town.
Our commitment to foster togetherness in the community through Corporate Social Responsibility continues on. We believe in strength in unity and empowering community members to be extraordinary.
ABC Bank Diaspora team was back in the US for a week-long tour in June. Our Head of Diaspora Banking, Joseph Waithaka participated in the Kenya USA Diaspora Sacco AGM which is one of the largest events that brings Kenyans living in the diaspora together to connect and discuss on investment opportunities back home.
The team visited various states in the US in an effort to reach more Kenyans living in the diaspora. The tour was part of the Bank’s plan for Diaspora engagement and partnership-building to leverage the business opportunities both in the US and in Kenya that the Diaspora Community can benefit from.
Monday 9th July 2018: Kenya Bankers Association has given the following guidelines on Over The Counter Cash transactions effective Sunday, 1st July 2018:
Cash transactions of Kes 1 million ( or equivalent in foreign currency) and above will be subject to various levels of approval by the Bank. The cash transaction limits are daily limits, and not only limits per transaction.
For cash transactions equal to or above Kes 10 Million, you will be required to give a three-day written notice of the intention to transact to the Branch Manager, giving the following information:
Source of funds (with supporting evidence) for deposit transactions
For withdrawal transactions: for what purpose are the funds being used?
Why RTGS cannot be used
ID/Passport copies of person to make the cash transaction
ID/Passport copies of all payees/beneficiaries
You will be required to provide the above information by filling and duly signing the Large Cash Declaration Form which will be available at the Branch.
These guidelines are to be applied alongside the existing Central Bank Prudential Guidelines and provisions of the Proceeds Of Crime and Anti-Money Laundering Act/Combating the Financing of Terrorism (POCAMLA/CFT) regulations.
NB: Excise duty on mobile transfer fees will also increase from 10% to 12%.
For more information or clarification, please visit any of our branches countrywide, firstname.lastname@example.org or call us on 0701 700 700.
Saturday, 30th June 2018: ABC Bank sponsored the World Sickle Cell Day 5 Km Walk organized by the Community Information Network (CIN) with a donation of Kes 100,000 . The event was held on Saturday 30th June 2018 at Kenya Society of the Blind and ABC Bank staff turned up to show their support.
Community Information Network (CIN) organized the walk to help build awareness on Sickle Cell Disease in Kenya and supporting those who are affected. World Sickle Cell Day is celebrated annually on 19th June every year.
Tuesday 3rd July 2018: ABC Bank sponsored Itando Mission of Hope Girls Orphanage, an initiative run by The Mudavadi Memorial Foundation Trust Fund (MMFTF), with a donation of Ksh 100,000. ABC Westlands Branch Manager, Mr Paul Gatonye, presented the cheque to Tessie Musalia, one of the co-founders of the Foundation. “We are glad to be part of the team building the nation and changing lives,” said Paul.
Itando Children’s Home was established as an initiative by The Mudavadi Memorial Foundation Trust Fund (MMFTF) after seeing the plight of children who had been orphaned mainly due to the effect of HIV/Aids.The goal of the foundation is to transform the orphanage into a Centre of Excellence where the children shall be mentored and nurtured into role models, and, establish a centre within where the youth from the community shall be taught life skills.
ABC Bank has supported initiatives in the education sector over the years as our continued commitment in supporting and giving back to the community.
June 20th, 2018: ABC Bank Diaspora team is back in the US for a week-long tour from 22nd June to 2nd July, 2018. After a successful tour in May 2017, where we were able to connect with many Kenyans living in various states in the US and build long lasting partnerships, the ABC team will be touring more states this year in an effort to reach more Kenyans living in the diaspora.
The tour is part of ABC Bank’s plan for Diaspora engagement and partnership-building to leverage the business opportunities both in the US and in Kenya that the Diaspora Community can benefit from. During the trip, the team will tour Dallas-Texas, Houston-Texas, and Seattle, Washington.
ABC Bank Head of Diaspora Banking, Joseph Waithaka will be accompanied by a team from Username Investments and Kenya USA Diaspora Sacco. The team will attend the Kenya USA Diaspora Sacco AGM, hold road shows and meet and greet among other activities.
ABC Bank prides itself in providing distinguished financial service to Kenyans in the Diaspora, such as remittances,investments, insurance & risk mangement, shares & bonds trading as wells as professional investment advice to customers to enable them make informed investment decisions and enlighten them on the best investment opportunities available in Kenya.
Additionally, ABC Bank has a wide range of international money transfer services that customers can use to conveniently and securely send funds to their loved ones back in Kenya. Our award-winning Internet Banking service and user-friendly iOS and Android App which offer customers a borderless, seamless and convenient banking experience; secure local and international account-to-account transfers, mobile transfers and much more. It literally makes you your own bank teller, using PC, mobile or tablet.
For more details contact:
Whatsapp: + 254 701 303 731
Thursday 31st May: ABC Bank has sponsored AIC Kijabe Hospital with a donation of Sh 250,000 for a fundraising dinner.
Head of Retail Banking Amanda Corline presented the cheque to AIC Cure’s Grant Consultant Jacqueline Kyalo at the Bank’s Head Office in Westlands.
The hospital is organizing the fundraising dinner for their 20th Anniversary celebrations & fundraising dinner for the children living with disability to be held on Friday, 27th July 2018. AIC Cure’s mission is to provide access to quality health care and bring physical, emotional and spiritual restoration to the children and families
ABC Bank has partnered with AIC Cure on various health initiatives such as AIC Kijabe Hospital Cancer Run that was aimed at supporting their oncology unit that focuses on diagnosis and treatment of cancer.